I'm used to using Hougen Magnetic Drills in my work but I needed something for home use so I gave it a try. That's the value that works. The magnet is strong and the device works well. The included bits are cheaper but for 11 bits and a magnetic drill I'm happy with the price. However, for safety reasons, I am careful when using this machine. First, there's no magnet lock on the drill (the magnet doesn't need to be on to start the drill, and you could accidentally turn off the magnet instead of the drill), and there's no safety switch under the drill if it presses against the metal surface of your drill . Those are two qualities I liked about the Hougen drills that this one doesn't have. But it also lacks the additional price tag of $800.
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